Smart Powerr Corp. (NASDAQ:CREG – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 6,300 shares, an increase of 117.2% from the December 15th total of 2,900 shares. Based on an average daily volume of 92,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.
Smart Powerr Trading Up 1.2 %
CREG stock traded up $0.01 during midday trading on Thursday, reaching $0.64. The stock had a trading volume of 25,491 shares, compared to its average volume of 86,379. The company’s fifty day simple moving average is $0.70 and its 200 day simple moving average is $0.81. The company has a market cap of $5.59 million, a price-to-earnings ratio of -4.55 and a beta of 0.65. Smart Powerr has a 52-week low of $0.53 and a 52-week high of $2.00.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on Smart Powerr in a report on Monday. They issued a “sell” rating on the stock.
About Smart Powerr
Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.
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